Toyota 4Runner Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Toyota 4Runner cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₱ 1,185,311. During November the price went trough a strong deflation till ₱ 407,499. The following two months the selling price went through a strong reduction of -64 % compared to the previous two months studied. The average price has had spectacular rise of 27 % with an average price of ₱ 542,464 during the previous 4 months and ₱ 688,516 during the most recent months in February and March.
The average price for Toyota 4Runner has had a strong rise in recent years. During "before 2000" and 2000, the average price was ₱ 290,858. During this period, prices pretty much remained constant. During the next two years (2003, 2007) the price for the aforementioned model has gone up strongly a 148 %. During the last two years, prices in the car industry have gone up 12 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 815,500) and the the last two years that were studied (2010, 2015) with a price of ₱ 910,375.
The graph that displays the price for Toyota 4Runner cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 46 % more affordable than the average price (₱ 617,768). Next with a price of ₱ 496,000 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 72% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 660,000.
The graph showing the average price for the fuel type for Toyota 4Runner cars points out to "Gasoline" as being the cheapest fuel type. It is 36 % less expensive than the average market price (₱ 617,768) followed by "Diesel" priced at ₱ 464,748. On average the cheapest type of fuel is "Diesel". It´s price is 25 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 398,333.